| 【Sector Research】Auto sector – Policy stimulus to support auto industry |
| 【Company Research】SF Holding (002352 CH) – Green shoots of recovery seen; Upgrade to BUY |
| 【Company Research】Shimao (813 HK) – Aiming to have RMB300bn sales next year |
| 【Company Research】Yuzhou Properties (1628 HK) – Increased land acquisition; Attractive valuation |
| 【Company Research】Anta Sports (2020 HK) – Solid results and guidance despite M&A costs |
| 【Company Research】TK Group (2283 HK) – Backend loaded in 2H19; Maintain Buy |
| 【Company Research】China East Education (667 HK) – The leading vocational training education provider |
| 【Company Research】Greentown Service (2869 HK) – Moderate 1H19 growth |
| 【Company Research】Jiangsu Hengli (601100 CH) – 2Q19 earnings slowed but in line with estimate |
| 【Company Research】Huadian Fuxin (816 HK) – Sluggish nuclear dragged 1H19 earnings |